Latest data shows a slight uptick in home sales for the month of May, however, this is more of a pause than a pivot. Data from OREA and CREA shows a month-over-month increase in home sales, with 17,242 residential properties changing hands in May 2025 (a 21% increase from April 2025). However, the data alsoContinue reading “Canadian home sales rise in May, but rebound far from certain”
Tag Archives: investing
new data reveals sharp decline in Toronto condo and housing market amid economic pressures
Recent market data paints a troubling picture for Toronto’s housing market, as both condo and home prices continue to fall under mounting economic strain. In fact, I have even noticed a significant drop in rental rates. Latest data shows that over 80% of condo listings in Toronto sold below asking and home prices sliding steadilyContinue reading “new data reveals sharp decline in Toronto condo and housing market amid economic pressures”
the secret investment strategy Canadians are using to make millions in Dubai’s real estate market, and how you can join them — free insider guide (EBOOK)
There has recently been a lot of buzz about moving to Dubai by a lot of Canadians looking for lucrative returns, tax-free income and a secure investment environment. Even I have faced similar questions, and as Canada’s real estate market continues to be a challenging environment, Dubai does definitely offer a compelling alternative for investorsContinue reading “the secret investment strategy Canadians are using to make millions in Dubai’s real estate market, and how you can join them — free insider guide (EBOOK)”
the interest rate drop you’ve been waiting for is here – but will you regret not acting fast?
The real estate market is in a unique sweet spot right now where buyers can secure great deals without the bidding wars of the past, and sellers benefit from renewed demand and a quicker sale. The Bank of Canada cut the interest rate today by 25 basis points to 2.75 percent, making this both theContinue reading “the interest rate drop you’ve been waiting for is here – but will you regret not acting fast?”
Toronto pre-construction condo market plummets, leaving buyers in limbo
Latest statistics are pointing to the once-thriving pre-construction condo market in Toronto and the GTA (Greater Toronto Area) having hit a historic law, sending shockwaves through the real estate industry and leaving many buyers in a precarious position. What I am seeing in my every-day practice is that this downturn has created a perfect stormContinue reading “Toronto pre-construction condo market plummets, leaving buyers in limbo”
new Statistics Canada data reveals homeownership’s wealth-building power
A new report released last month by Statistics Canada reinforces the financial advantages of homeownership over renting. The report, titled The Assets, Debts and Net Worth of Canadian Families, 2023 shows how with a median family net worth at an impressive $519,700 and median home values at $500,000, property ownership is a cornerstone of long-termContinue reading “new Statistics Canada data reveals homeownership’s wealth-building power”
Bank of Canada dampens hopes for quick housing fix
Bank of Canada’s Senior Deputy Governor, Carolyn Rogers warned today that mortgage structure changes would not help solve the housing affordability crisis. At a time when policymakers and industry stakeholders are grappling with the complex challenges facing the housing sector, this is a very sobering message. However, I saw this as long coming, as whileContinue reading “Bank of Canada dampens hopes for quick housing fix”
surge in Canadian housing market activity forecasted as interest rates fall
A whirlwind of activity is being predicted for the next quarter as investors attempt to offload properties given the lower interest rates and new mortgage reforms. In light of this, various experts are anticipating a substantial increase in housing market activity for the remainder of the year which could potentially reshape the landscape for buyers,Continue reading “surge in Canadian housing market activity forecasted as interest rates fall”
troubling data shows significant rise in power of sale listings as homeowners navigate economic pressures
A recent analysis using TRREB data shows a significant rise in power of sale listing in the GTA, with a decline in home prices and many homeowners going underwater on mortgages. This decline is being directly linked to economic pressures. As per the data, in some parts of the GTA, home sales and prices haveContinue reading “troubling data shows significant rise in power of sale listings as homeowners navigate economic pressures”